180 Wealth Advisors LLC increased its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 2.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 111,730 shares of the software giant's stock after buying an additional 2,385 shares during the period. Microsoft accounts for 6.7% of 180 Wealth Advisors LLC's holdings, making the stock its biggest holding. 180 Wealth Advisors LLC's holdings in Microsoft were worth $41,942,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. Muirfield Wealth Advisors LLC lifted its position in shares of Microsoft by 0.5% in the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after purchasing an additional 24 shares during the period. Retirement Financial Solutions LLC increased its stake in Microsoft by 2.3% during the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after purchasing an additional 24 shares in the last quarter. Sterling Group Wealth Management LLC increased its stake in Microsoft by 0.5% during the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock valued at $2,335,000 after purchasing an additional 25 shares in the last quarter. Kuhn & Co Investment Counsel increased its stake in Microsoft by 0.8% during the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock valued at $1,385,000 after purchasing an additional 25 shares in the last quarter. Finally, Alliance Wealth Management Group boosted its holdings in shares of Microsoft by 0.4% during the 4th quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock valued at $2,368,000 after acquiring an additional 25 shares during the last quarter. Institutional investors own 71.13% of the company's stock.
Insider Buying and Selling
In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the sale, the insider now owns 476,999 shares in the company, valued at approximately $207,995,413.95. This represents a 13.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Judson Althoff sold 16,000 shares of the company's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $458.18, for a total value of $7,330,880.00. Following the completion of the sale, the executive vice president now owns 98,010 shares in the company, valued at approximately $44,906,221.80. This represents a 14.03% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is owned by company insiders.
Analyst Ratings Changes
A number of equities analysts recently issued reports on MSFT shares. The Goldman Sachs Group raised their price objective on shares of Microsoft from $480.00 to $550.00 and gave the stock a "buy" rating in a report on Wednesday, May 21st. Bank of America lowered their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Citigroup lifted their price objective on shares of Microsoft from $540.00 to $605.00 and gave the company a "buy" rating in a research report on Wednesday, June 11th. Stifel Nicolaus boosted their price target on shares of Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Finally, Wells Fargo & Company boosted their price target on shares of Microsoft from $565.00 to $585.00 and gave the stock an "overweight" rating in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $521.14.
Read Our Latest Stock Analysis on Microsoft
Microsoft Stock Down 0.3%
NASDAQ:MSFT opened at $495.94 on Friday. The firm has a market cap of $3.69 trillion, a PE ratio of 38.33, a price-to-earnings-growth ratio of 2.52 and a beta of 1.03. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. The company has a 50-day moving average of $449.47 and a 200 day moving average of $422.12. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $499.30.
Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The firm's revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.94 earnings per share. As a group, research analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current fiscal year.
Microsoft Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 annualized dividend and a dividend yield of 0.67%. Microsoft's dividend payout ratio (DPR) is currently 25.66%.
About Microsoft
(
Free Report)
Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.
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